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Mar 22, 2013
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you have a very weak economy. it was interesting that in the obama recovery, family income went down to $2,500 a year, where during the recession, income went down $1,500 a year. families were doing worse, yet in the campaign, obama ran an extremely good campaign, and he won despite his disadvantages and he won frankly in a predictable way. he made the election about his opponent. the romney people allowed obama to define romney. this was rather than romney defining romney, and that is why it is important for republicans to look back and say, what did we do wrong? the idea that the republican party is in some terrible shape -- >> you do not buy that? >> certainly i do not buy that. i have seen terrible shape. i remember watergate, i remember when the 13% of americans identified themselves as republicans, and the national chairman appointed people to see if we should change the name of the party. for 40 years, the most number of republicans in the house was 192. today we have 230 something, and it is absolutely rig
you have a very weak economy. it was interesting that in the obama recovery, family income went down to $2,500 a year, where during the recession, income went down $1,500 a year. families were doing worse, yet in the campaign, obama ran an extremely good campaign, and he won despite his disadvantages and he won frankly in a predictable way. he made the election about his opponent. the romney people allowed obama to define romney. this was rather than romney defining romney, and that is why it...
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Mar 22, 2013
03/13
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there is an enormously negative impact on the global economy. particularly in asia. every adjourning area next to iran is susceptible to a local war which used to be called people's war. he wanted us to be passively friendly, expecting soviet reactions. likelyasked what is the soviet reaction by the president of the united states? they may state border incidents, we have had lots of them. usn he says they may invade from mongolia where they have 22 armored divisions and strike southward towards beijing directly. he says we will use people's war, and i know what he meant. the kind of things we experienced also. people's wars do not adequately . do not end quickly. we are not going to kill all iranians. even if they do these things in the region. the protracted conflict will make this experience a bit -- make this experience of a decade ago seemed like a trifle. therefore i am worried by we are trying to buy off this pressure the president is feeling for commitments to military action against iran without fully contemplating the large scale geopolitical consequences, t
there is an enormously negative impact on the global economy. particularly in asia. every adjourning area next to iran is susceptible to a local war which used to be called people's war. he wanted us to be passively friendly, expecting soviet reactions. likelyasked what is the soviet reaction by the president of the united states? they may state border incidents, we have had lots of them. usn he says they may invade from mongolia where they have 22 armored divisions and strike southward towards...
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Mar 22, 2013
03/13
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economy. places that are strong in are growing.ces information sector, utilities. these are areas that have not been growing. host: talk about new england. aest: i grew up outside of town in massachusetts. it has similarities to new bedford. .bout 100,000 people strong industrial heritage. it redefined and re-scope itself successfully over the last couple of decades. massachusetts recognizes that its older cities have these challenges. and i go home to visit, there have been efforts to revitalize the older cities. they have lots of charms. new bedford has a wonderful whaling history. has worked atry sincetizens -- census 1997. we are looking at population changes. our other guest is lisa sturtevant with guest: richey-- where mason university she is a p deputy analysis. let's hear from bob, south dakota, rural. caller: i have some comments. [indiscernible] we should look at our urban areas. retracting and using that infrastructure that we have built and upgrading it. they have green belt and gr
economy. places that are strong in are growing.ces information sector, utilities. these are areas that have not been growing. host: talk about new england. aest: i grew up outside of town in massachusetts. it has similarities to new bedford. .bout 100,000 people strong industrial heritage. it redefined and re-scope itself successfully over the last couple of decades. massachusetts recognizes that its older cities have these challenges. and i go home to visit, there have been efforts to...
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Mar 22, 2013
03/13
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think can be hugely successful in helping to lift up the economy as a whole. i was with president perez before i came here looking at a high-tech exhibit that was taking place in jerusalem and there was actually a program that a u.s. company, cisco, set up where they were hiring young engineers because they were so well qualified, so talented, and there is a great hunger for those kinds of skills. imagine if you have a strong, independent state that is eaceful. all the talent that is currently being untapped that could create jobs, businesses, and prosperity throughout this area. i absolutely belief it is still possible. but i think it is very difficult. i think it is difficult because all sorts of political constraints on both sides. i think it is difficult, frankly, because sometimes we know what compromises have to be made in order achieve peace it is hard to admit those compromises have to be made. because people want to cling on to their old positions and want to have 100% of what they want or 95% of what they want instead of making the necessary compromi
think can be hugely successful in helping to lift up the economy as a whole. i was with president perez before i came here looking at a high-tech exhibit that was taking place in jerusalem and there was actually a program that a u.s. company, cisco, set up where they were hiring young engineers because they were so well qualified, so talented, and there is a great hunger for those kinds of skills. imagine if you have a strong, independent state that is eaceful. all the talent that is currently...
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Mar 22, 2013
03/13
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then the economy tight end. we had a large number of folks who were wondering how am i going to keep my job, how am i going to pay my mortgage, how am i going to be able to keep my house, the most basic thing. of the things that was designed in our state was to try to train people said that they had more of an ability than just to be working on it and not so skills position, and we set up with our community college system across the state, retraining programs so that they were able to run machines, able to learn advanced manufacturing. and just below the area where the r.v. companies were, was a manufacturinge area, and what we set up was a transfer program where they would go from working in the r.v learn skills that were applicable to job creation, go through a program and at the end of that program, be able to go into a position in one of the medical device programs were on day one they know the machines that are in there, they know how to run those machines and their productive and talented from the first mo
then the economy tight end. we had a large number of folks who were wondering how am i going to keep my job, how am i going to pay my mortgage, how am i going to be able to keep my house, the most basic thing. of the things that was designed in our state was to try to train people said that they had more of an ability than just to be working on it and not so skills position, and we set up with our community college system across the state, retraining programs so that they were able to run...
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Mar 22, 2013
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caller: absolutely, it is impacting us, not only sequestration, our economy is at a standstill because the program ended. we thought massive layoffs here. there was a delay in decisions on the replacement vehicle. host: here is how the facebook someis going so far -- are saying they are not seeing an impact because of sequestration. the next call, tulsa, oklahoma, independent. caller: good morning. i don't know where to start. the thing i don't understand is why is it that always the working poor are impacted the most? the top dogs -- i hope you'll forgive forgive me for that -- the top people, nothing affects them. we are paying for them for airplanes and yachts and things. in tulsa, oklahoma, i had the occasion to go to a health service and was under serves. it was packed. i get solicitations on the phone for financial help. i am retired. i am a vietnam vet. they have cut back. now, the churches are trying to fill in as much as they can. why is it always the underserved that have to wait on someone sitting in washington, d.c., making decisions for us? and senatorsan are not affected
caller: absolutely, it is impacting us, not only sequestration, our economy is at a standstill because the program ended. we thought massive layoffs here. there was a delay in decisions on the replacement vehicle. host: here is how the facebook someis going so far -- are saying they are not seeing an impact because of sequestration. the next call, tulsa, oklahoma, independent. caller: good morning. i don't know where to start. the thing i don't understand is why is it that always the working...
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Mar 22, 2013
03/13
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a tax on the economy is a tax on the economy. it's a weak argument that you can just have an unlimited amount of money by taxing the rich. and at some point it becomes un-- not correct, not fair, not right. if the money is being thrown away on solyndras, and battery companies that go bankrupt, but nobody worries about it, send more money. we're having abuses in the snap program, and i proposed an amendment that would eliminate an abusive part of the food stamp program a year ago. in 2001 we spent $20 billion a year on snap. last year we spent $80 billion. it's gone from $20 billion to $80 billion, four times. and so we identified a categorical eligibility gimmick that was allowing people to get food stamps who did not qualify and should not have received them. and i said, let's close that loophole. and over ten years we were projected to spend $00 billion-d $800 billion on the food stamp program. this would have reduced it by $11 billion. so we would have been spending $789 billion instead of $800 billion. you know what they said
a tax on the economy is a tax on the economy. it's a weak argument that you can just have an unlimited amount of money by taxing the rich. and at some point it becomes un-- not correct, not fair, not right. if the money is being thrown away on solyndras, and battery companies that go bankrupt, but nobody worries about it, send more money. we're having abuses in the snap program, and i proposed an amendment that would eliminate an abusive part of the food stamp program a year ago. in 2001 we...
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Mar 22, 2013
03/13
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we talk a lot about growing the economy. the economy will grow when people work. the people that are entering the work force that have been one of the driving forces for the last 30 years are similar, and although we are in the work force full force, we are still not being said equal pay for equal work. it is outrageous. and if you want to grow the economy, pass paycheck fairness where we are not harassed for simply trying to find out what is our pay, how can we get equal pay for the same job? women across america are worried about staying in the middle class if they are already there and getting to the middle class if they're not there. nearly 50 years after the passing of the equal pay act, women still get paid less than men. this budget is a reflection of our values and priorities, and eliminating the wage gap should be one. for years, i and other colleagues have fought for paycheck fairness. under that act, no longer would employers be able to retaliate against workers for sharing information about wages. right now if you ask someone what you get paid, you cou
we talk a lot about growing the economy. the economy will grow when people work. the people that are entering the work force that have been one of the driving forces for the last 30 years are similar, and although we are in the work force full force, we are still not being said equal pay for equal work. it is outrageous. and if you want to grow the economy, pass paycheck fairness where we are not harassed for simply trying to find out what is our pay, how can we get equal pay for the same job?...
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Mar 22, 2013
03/13
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we're in the obama economy. a college student doesn't need to study capitalism, moves into his parents house, lives there until he's 30. is on their health care plan. where do you find a professor to teach the joys of capitalism. >> there has to be somebody out there. >> they are there but they are a vanishing minority. >> capitalism is freedom. i appeal to your higher spirits. there must be an agreement with us some place. capitalism is about freedom. live, liberty and pursuit of happiness is done best through the free market capitalist system. >> i agree with you, larry. i don't know what stanford is doing. obviously they can do what they want because they are a private university and we have freedom of speech but i certainly would encourage the teaching of capitalism on campus. but i think you're all on a different planet. liberals are very supportive of capitalism. and this notion that somehow that the whole country has become anti-capitalist is not true. >> dave horowitz the congress man believes liberals a
we're in the obama economy. a college student doesn't need to study capitalism, moves into his parents house, lives there until he's 30. is on their health care plan. where do you find a professor to teach the joys of capitalism. >> there has to be somebody out there. >> they are there but they are a vanishing minority. >> capitalism is freedom. i appeal to your higher spirits. there must be an agreement with us some place. capitalism is about freedom. live, liberty and...
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at least the developed countries today iceland is home to one of the fastest growing economies. they got from here there by throwing bank stories in jail. hopefully cyprus will take a page out of the icelandic playbook and start locking up their gangsters. america should be thinking about doing the same thing too. and that's the way it is tonight thursday march twenty first twenty thirty for more information check out our website zaatar dot com free speech to edward r. t. dot com and who do a column slashdot bigotry and don't forget democracy begins with you get out there get back to your seat of. my. seat. planation frigidaire couldn't take any free plans for charges free. range mentioned briefly brief and stereotyped friedland doubled free blog as a plug in video for your media projects a free video god our t.v. dot com you please. please .
at least the developed countries today iceland is home to one of the fastest growing economies. they got from here there by throwing bank stories in jail. hopefully cyprus will take a page out of the icelandic playbook and start locking up their gangsters. america should be thinking about doing the same thing too. and that's the way it is tonight thursday march twenty first twenty thirty for more information check out our website zaatar dot com free speech to edward r. t. dot com and who do a...
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economies what makes them work and economy in a way is a giant interlocking circle with all kinds of pieces that go to it but let's start at the most important point and there's demand in their supply and let's begin with the demand there are two things that make up demand and one of those two things is made up of two things these two things that make up demand our paychecks money in people's pockets and needs or desires now needs when you think of you know like housing people at the spend money on housing food people that spend money on food but there's certain kinds of housing or food that them i like better or more than others and so you know that they will choose that but they have to have the paycheck they have to have the money. to be able to buy things to create that vacuum in the marketplace that we call demand or that pressure in the market postponing how you want the metaphor to work so you've got some money you've got a paycheck you have desires an end needs so you take that money and you go to the store and you buy something and with your money that store takes that money
economies what makes them work and economy in a way is a giant interlocking circle with all kinds of pieces that go to it but let's start at the most important point and there's demand in their supply and let's begin with the demand there are two things that make up demand and one of those two things is made up of two things these two things that make up demand our paychecks money in people's pockets and needs or desires now needs when you think of you know like housing people at the spend...
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two pounds from interest income that would have gone in these pensioners accounts and spent in the economy so it's a form of financial suicide and there was as a result there was no growth so now they're just going to reach in and steal your money was shocking to me so there are still people in the media who are trying to rationalize this and justify this claim that it's something other than just state sanctified of theft so member saver saver says two hundred twenty point four billion pounds of one point one trillion that's almost twenty percent folks so where is that up where where are the people storming you know the prime minister all power how if interest rates are five percent in the u.k. adventurous rates are five percent of the united states the amount of money that would be circulating in the economy not sitting on corporate balance sheets like apple is projected to now one hundred seventy billion in cash in a balance sheet the next two years if interest rates are at normal rates to reflect the normal historical trends the economy would be in a growth the g.d.p. would be expanding
two pounds from interest income that would have gone in these pensioners accounts and spent in the economy so it's a form of financial suicide and there was as a result there was no growth so now they're just going to reach in and steal your money was shocking to me so there are still people in the media who are trying to rationalize this and justify this claim that it's something other than just state sanctified of theft so member saver saver says two hundred twenty point four billion pounds...
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Mar 22, 2013
03/13
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i mean, you look at this economy right now, between regulation and taxes, this economy is a mess. and you compare this economy to exactly the same cycle of reagan's presidency getting 5, 6, 7, 8% growth a quarter. i mean-- >> so are you saying that the republicans, that should be a line in the sand for republicans, no tax increase. >> i think they should be more aggressively future oriented. what do we need to do to fix the regulations and the health system. obamacare, government-run bureaucratic health is going to collapse. every time you turn around, someone in this country, amazing, one program in the department of health and human services they think that 65% of the money loaning will be gone, never repaid. this is like solyndra on steroids except in the health field. every time you turn around there's another layer of bureaucracy and another mistake and as paul ryan said the panel that's supposed to come in next year is basically a rationing panel. what is it that senior citizens shouldn't get? and that's what they're going to be about and i think that that's a really bad ide
i mean, you look at this economy right now, between regulation and taxes, this economy is a mess. and you compare this economy to exactly the same cycle of reagan's presidency getting 5, 6, 7, 8% growth a quarter. i mean-- >> so are you saying that the republicans, that should be a line in the sand for republicans, no tax increase. >> i think they should be more aggressively future oriented. what do we need to do to fix the regulations and the health system. obamacare,...
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his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. and cracks in syria's main rebel group some opposition activists claim the goal is being guided by islamist radicals. and i welcome you watching r.t. with me. panic is spreading through cyprus with parliament set to vote on another plan to raise funds in order to secure a vital e.u. i.m.f. bailout loan and avoid a painful default bank employees have attempted to storm the parliament building anxious over possible job losses amid speculation the country's banks won't reopen after being paralyzed for a week and as artie's test said in the reports people are preparing for the worst. all of this panic this negativity started of course on the announcement over the weekend from brussels that in order to get a ten billion euro bailout package cyprus will have to cough up about five point eight billion in the suggestion to impose. on the causes now ninety one percent of cypriots according to a poll have been against. we've seen protests on the streets of people
his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. and cracks in syria's main rebel group some opposition activists claim the goal is being guided by islamist radicals. and i welcome you watching r.t. with me. panic is spreading through cyprus with parliament set to vote on another plan to raise funds in order to secure a vital e.u. i.m.f. bailout loan and avoid a painful default bank employees have...
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is only there to help the world economy is not to compete with the western states and organizations what do you make of that what i think the brics is still a relatively unformed entity it's not entirely clear to me what it's actually going to do at the moment it seems to be a grouping of up and coming powers that sort of meet regularly and agree on certain things however another things i think they probably disagree as well and also we're dealing with five countries here they're very different stages of this sort of development path rafał upon two g. co-founder of the young china watchers professional network thank you so much for your time and being an i.t. thank. you to russia and china has been growing steadily in recent years an artist kitty pilgrim has more details on the numbers and the types of deals being struck. just to give you an idea as to how much money can be made trade is forecast to exceed one hundred billion dollars in it fifteen after already growing over ten percent last year now by twenty twenty we could be looking at two hundred billion dollars trade. a lot of
is only there to help the world economy is not to compete with the western states and organizations what do you make of that what i think the brics is still a relatively unformed entity it's not entirely clear to me what it's actually going to do at the moment it seems to be a grouping of up and coming powers that sort of meet regularly and agree on certain things however another things i think they probably disagree as well and also we're dealing with five countries here they're very different...
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Mar 22, 2013
03/13
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america, hash tag just economy. [laughter] all right. so it gives me great pleasure -- i'm sorry, my name is john taylor, i'm the president and ceo of the national community reinvestment can coalition. i probably didn't want to say after i did all that tweeter/twitter stuff -- [laughter] but that's who i am. and a great honor to introduce our incoming chair, bob dickerson, from the birmingham business center. and i want to welcome him to introduce our keynote speaker, a good friend of the national community reinvestment coalition, richard cordray. so, please, join me in welcoming bob dickerson. [applause] >> thank you, john. good morning. >> morning. >> so, you know, it used to be rude to have your cell phones out during a meeting, but now since we're all tweeting -- [laughter] using that hash tag -- what is it -- just economy, you may feel free to do so, okay? well, good morning, everyone. we are very happy to have richard cordray, the director of the consumer financial protection bureau at the 2013 ncrc >> the cfpb has emerged as a str
america, hash tag just economy. [laughter] all right. so it gives me great pleasure -- i'm sorry, my name is john taylor, i'm the president and ceo of the national community reinvestment can coalition. i probably didn't want to say after i did all that tweeter/twitter stuff -- [laughter] but that's who i am. and a great honor to introduce our incoming chair, bob dickerson, from the birmingham business center. and i want to welcome him to introduce our keynote speaker, a good friend of the...
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Mar 22, 2013
03/13
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has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> "bbc world news" was captioning sponsored by macneil/lehrer productions >> woodruff: president obama told jordan's king abdullah he's worried that neighboring syria will become a haven for extremists and vowed to persuade congress to swnf jordan more money to shelter syrian refugees. good evening, i'm judy woodruff. >> brown: and i'm jeffrey brown. on the "newshour" tonight, margaret warner is in amman and updates us on the president's middle east trip, capped by a breakthrough between two key u.s. allies. >> woodruff: then, we turn to chicago, where city officials announced plans to close 54 schools, most in overwhelmingly black neighborhoods. >> now we've got to worry about our kids going to another location. worry about what's going to happen to them going to school. >> brown: hari sreenivasan continues our series on broadband technology with a look at a new digital divide over how high-speed access and mobile devices are being used. >> woodruff:
has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> "bbc world news" was captioning sponsored by macneil/lehrer productions >> woodruff: president obama told jordan's king abdullah he's worried that neighboring syria will become a haven for extremists and vowed to persuade congress to swnf jordan more money to shelter syrian refugees. good evening, i'm judy woodruff. >> brown: and i'm jeffrey brown. on the...
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find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser report.
find out what's really happening to the global economy. for a no holds barred look at the global financial headlines kaiser report.
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Mar 22, 2013
03/13
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i mean, you look at the economy right now, between regulation and taxes, this economy is a mess. you compare this economy tovill exactly the same psyche nel reagan's presidency, where we have 5, 6, 7, 8% a quarter. >> are you saying that should be a line in the sand? >> i think they should be more aggressively future oriented. i think they ought to look at what do we need to do to fix the regulations and the health system. government-run bureaucratic health is going on collapse. every time you turn around in this country, it is amazing. they have one program in the department of health and human services has said, they think 65% of the money they are loaning will be gone. 65%. this is like marianne silber on steroid, but in the health field. every time you turn around, there is another layer of bureaucracy and another mistake. paul ryan said, this panel that is supposed to come in next year is going to be a rationing panel. what should seniors citizen not get. i think that's a really bad idea. >> mr. speaker, stay with us. we have much more. coming up, rush limbaugh blasting pres
i mean, you look at the economy right now, between regulation and taxes, this economy is a mess. you compare this economy tovill exactly the same psyche nel reagan's presidency, where we have 5, 6, 7, 8% a quarter. >> are you saying that should be a line in the sand? >> i think they should be more aggressively future oriented. i think they ought to look at what do we need to do to fix the regulations and the health system. government-run bureaucratic health is going on collapse....
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Mar 22, 2013
03/13
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has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> "bbc world news" was >> "bbc world news" was presen hi, neighbor! we're going to pick vegetables from our school garden. and then miss elaina's coming over for dinner. i'm excited to be with you, and i'll be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and by the arthur vining davis foundations. dedicated to strengthening america's future through education. adcasting, dedicated to strengthening america's future and contributions to your pbs station, from viewers like you. in the neighborhood ♪ and contributions to your pbs station, ♪ a beautiful day for a neighbor ♪ ♪ would you be mine? ♪ could you be mine? ♪ won't you be my neighbor? - ♪ it's daniel tiger's neighborhood
has a wide range of investment choices that can fit your personal economy. fidelity investments, turn here. >> "bbc world news" was >> "bbc world news" was presen hi, neighbor! we're going to pick vegetables from our school garden. and then miss elaina's coming over for dinner. i'm excited to be with you, and i'll be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's...
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Mar 22, 2013
03/13
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which could be best for you in today's economy. but first, let's take a look at what treasuries were up today. insurances and commodities closed. >>> with home prices on the rise and mortgage rates still near historic lows, a lot of would-be home buyers are looking to jump in while others remain cautious. today's housing market, is it wiser to rent or own your home? diana olick looks for answers. >> so this is the place. >> reporter: newlyweds brian and ally earl are ready to buy their first home together. while owning a home seems daunting, renting just doesn't add up anymore. >> to be honest, it keeps going up. i think we've seen our rent go up over 20% in the last two years. and you don't really have control over your property. >> reporter: rents are rising at an annual rate of 3.5%. but home prices are rising faster. so should you buy or rent? analysts say it's 44% cheaper to buy, but only if you stay in your home for seven years, itemize your deductions and get a 3.5% mortgage rate. >> right now, with how interest rates are, b
which could be best for you in today's economy. but first, let's take a look at what treasuries were up today. insurances and commodities closed. >>> with home prices on the rise and mortgage rates still near historic lows, a lot of would-be home buyers are looking to jump in while others remain cautious. today's housing market, is it wiser to rent or own your home? diana olick looks for answers. >> so this is the place. >> reporter: newlyweds brian and ally earl are ready...
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Mar 22, 2013
03/13
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that money will trickle down into the economy. you're going to kill it this way. >> it doesn't -- >> the truth is, let me push back on you as well, because is it really fair that if i go into a store i'm paying tax and if i do it online, i'm not? >> it's okay, because the local brick and mortar store is getting the tax benefit of that state. so why should a retailer go ahead and pay tax in a state that they're not in? and it's competition. certain states don't have sales tax and you see businesses going to those states. so let the free market reign out there and stop this madness. >> i'm not so sure it's madness. i think what you're trying to do is, i hate to use the cliche, but level the playing field here. and regardless of whether somebody's getting a service, these are the sorts of things that drive us as consumers, and if there's sales tax applied to the purchase that i make on the internet, that's not going to be the determinant with that suddenly sends me back one way or another. it will be a factor in where i decide to mak
that money will trickle down into the economy. you're going to kill it this way. >> it doesn't -- >> the truth is, let me push back on you as well, because is it really fair that if i go into a store i'm paying tax and if i do it online, i'm not? >> it's okay, because the local brick and mortar store is getting the tax benefit of that state. so why should a retailer go ahead and pay tax in a state that they're not in? and it's competition. certain states don't have sales tax...
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Mar 22, 2013
03/13
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there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal bankruptcies in this country come from medical bills. >> jon: what is crazy to me is when you begin to tease it apart. when you begin to deconstruct it, it's made of sand. as i'm reading it's 36 pages. as you get higher and higher in the pages you feel like chuck yaeger breaking the sound barrier. i was like oh, my god. by page ten i was like i can't take it anymore. there's something -- you cannot believe this. there's something called the charge master. >> right. >> jon: and the charge master sets the price. so if you want an mri that's $6,000 according to the charge master.
there's the economies of all of us and the island, health care economy. we've had a pretty rough time over the last four or fives, six years in our economy. there's a lot of unemployment, a lot of pressure on us. not on that island. everybody just keeps making more money. >> jon: right. >> it's as if they don't exist in the universe and worst of all, the money they are making they are taking from all of us and bankrupting the country and it's bankrupting people. 60% of the personal...
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. >> in terms of longer term, do you think this economy improves second half or do you think it slows down? >> i think, as a matter of fact, we're probably in the second quarter. you'll start seeing slow growth. but i think as this summer winds, you know, goes through, we'll start seeing some growth again. i do think that by the end of the year, we're going to be not a lot higher, but i think we'll be at all-time highs as the year goes on. probably the the end of the summer, the third quarter going into the fourth quarter. i'm positive. >> so bill, because the s&p capital iq estimates call for 0.6% growth the first quarter and then it goes up to 7%. so they're expecting profits to actually reaccelerate second half. >> lee munson, you're the only outside guest buying stocks here. what are you buying here? >> you know, i'm just focusing where i need to get some more exposure. i'm focusing first on emerging markets. they've lagged year-to-date. i think they can outperform by december 31st. i like the emerging markets to add more money today. i would also say, add more money to the s&p 50
. >> in terms of longer term, do you think this economy improves second half or do you think it slows down? >> i think, as a matter of fact, we're probably in the second quarter. you'll start seeing slow growth. but i think as this summer winds, you know, goes through, we'll start seeing some growth again. i do think that by the end of the year, we're going to be not a lot higher, but i think we'll be at all-time highs as the year goes on. probably the the end of the summer, the...
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running the country and really this is not acceptable since it is not seen any change in terms of the economy and my own to consider the constitution has been changed. sixty written by i think the most domenica constituent assembly for the moment here in the streets there's many injured people changing from the telecast there's a head injury to lots of blood and again i just mentioned the use of weapons people coming up with on gunshot wounds and. on the security front to back hard to not simply controlling the situation room expecting construction to go on to deny and possibly espionage. things for much for that will be trying to get some more comment as well from from cairo in the forthcoming hour or so and for most of the day riot police of ring the cypriot parliament is angry crowds kept vigil outside the legislature for a fifth day running. we're talking about cyprus now of course these live pictures from sorry about that jump there let's go to cyprus live. all these pictures let me just ask these pictures from cyprus of these pictures from these are live pictures from cyprus tonight pro
running the country and really this is not acceptable since it is not seen any change in terms of the economy and my own to consider the constitution has been changed. sixty written by i think the most domenica constituent assembly for the moment here in the streets there's many injured people changing from the telecast there's a head injury to lots of blood and again i just mentioned the use of weapons people coming up with on gunshot wounds and. on the security front to back hard to not...
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Mar 22, 2013
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banking system, to be as large relative to our economy as the cyprus banking system is to their economy, we would need 45 more jpmorgans in order to have that sizes of the economy. there's somewhere else comparable. the only place they could go was deposits. the big mistake was going after uninsurance -- i mean insured deposits. >> i think i told that from you. that is a good point, but i think i stole it from you. >> the serendipitous part of this for me is that all the countries that are in trouble are like in southern europe for you. you're not in finland, you're not if poland. all the trouble is -- >> beautiful places, joe. >> that's good. that's really good. and then when i said -- >> i do frequently say to myself thank goodness this isn't happening in azurbashaun. >> you have to get there. you're doing it for us and we really appreciate it. >> wait, wait. if this country does leave the euro, we want to see that. we want to document that. >> no, i was just saying because it's not affecting our markets doesn't mean that you shouldn't be there. and we're glad that you are there. >> r
banking system, to be as large relative to our economy as the cyprus banking system is to their economy, we would need 45 more jpmorgans in order to have that sizes of the economy. there's somewhere else comparable. the only place they could go was deposits. the big mistake was going after uninsurance -- i mean insured deposits. >> i think i told that from you. that is a good point, but i think i stole it from you. >> the serendipitous part of this for me is that all the countries...
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regulations analysts are saying that the bailout loan itself would not completely rescue the cypriot economy because it's much more money will be needed to rescue this situation and you can see it will have to find the money elsewhere and certainly this remains a big question where it could find the money apart from that certainly there's certain political wrangling happening between brussels and you could see it with the head of the cypriot parliament saying that they will vote on the alternative plan without considering the limitations and regulations over the european union and at the same time and villa merkel stressed that i quote cyprus must behave accordingly with the european union regulations and must not test the boundaries of the troika patience and of quote so definitely this is a rollercoaster ride and as it stands cyprus may be plunging into a default unless any kind of common language and compromise is found anytime soon i like see the future of cyprus is hanging in the air that so let's hear a chef here reporting live from moscow. economist harry being a member of the free vo
regulations analysts are saying that the bailout loan itself would not completely rescue the cypriot economy because it's much more money will be needed to rescue this situation and you can see it will have to find the money elsewhere and certainly this remains a big question where it could find the money apart from that certainly there's certain political wrangling happening between brussels and you could see it with the head of the cypriot parliament saying that they will vote on the...
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this should be asia and they didn't usually is no just for economy greece on women resume these are the you will be judged one of the ones the russians or the site of the first. well the mood here in nicosia cyprus remains rather negative it seems that the people feel that they're receiving one bad news after another the latest being that the european central. will only continue to provide liquidity to the country until monday and after that it will only continue to do so if there was an e.u. i.m.f. program in place now this means that there really is a cash problem on the ground seen cypriots going out to a.t.m.'s early in the morning trying to get as much cash as they could as some have told me that the limit on their cars of the amount that they could take for the bank has changed has been lowered we've also been speaking to some shopkeepers they're really having a problem be seen big losses in their business and it's been a headache for them since this started. my business is down over seventy percent in just the last few days. so you really read the tea. and one of the direct effec
this should be asia and they didn't usually is no just for economy greece on women resume these are the you will be judged one of the ones the russians or the site of the first. well the mood here in nicosia cyprus remains rather negative it seems that the people feel that they're receiving one bad news after another the latest being that the european central. will only continue to provide liquidity to the country until monday and after that it will only continue to do so if there was an e.u....
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>> well, from an economic standpoint the economy has been relatively shruggish. fourth quarter was barely positive. to some degree hurricane sandy has been taking half a percent or so out of growth. as we get into the spring months that will result in an economic pick up based upon the rebuilding. we think a lot of the noise relating to washington is starting to fade, the fiscal cliff, sequester, the debt ceiling, all of those issues seem to be moving out later into the year. so as a result the impediments that were slowing the economy down over the last couple of quarters we think will result in better economic growth. the equity market is starting to sense that. i think to some degree that is some of the reasons why the markets ignored washington and ignored sandy so far this year and is up 10% or so. >> that is why you have such a bullish forecast for the s&p. you are calling for it to end the year at 16.60. it is all going to play out pretty strongly. >> we think corporate earnings will chug along may increase about $108 full year for the s&p. we think we wil
>> well, from an economic standpoint the economy has been relatively shruggish. fourth quarter was barely positive. to some degree hurricane sandy has been taking half a percent or so out of growth. as we get into the spring months that will result in an economic pick up based upon the rebuilding. we think a lot of the noise relating to washington is starting to fade, the fiscal cliff, sequester, the debt ceiling, all of those issues seem to be moving out later into the year. so as a...
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politically when you have the world's biggest country join hads with potentially the world's largest economy this becomes a very powerful possibility ok thank you and he said thanks very much no doubt we'll get updates throughout the day we do have just a bit more time actually so we'll ask you when you were poor to mention the brics group how big a role how much influence does that actually have in the world well that's just it really in short to answer your question the brics need to put their money where their mouth is in the words of leds in europe and just ahead of this visit they need to shift from a dial want based format to a full scale strategic cooperation mechanism and so that they can solve key world issues together in order to do that they need to move forward on their plans to build a brics development bank to counterbalance institutions like the iceman. ok we will leave it there thank you anita that's a nice and now we live from moscow. well let's now talk to professor joseph chain a political analyst at hong kong city university mr chen can you hear if you firstly there is mr
politically when you have the world's biggest country join hads with potentially the world's largest economy this becomes a very powerful possibility ok thank you and he said thanks very much no doubt we'll get updates throughout the day we do have just a bit more time actually so we'll ask you when you were poor to mention the brics group how big a role how much influence does that actually have in the world well that's just it really in short to answer your question the brics need to put...
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the world economy. is now in tax havens people people don't do don't have an easy way to to see how or how how this economy works they should be aware that a lot of rich. companies in and in are some of them which intimately. as a way to minimize taxes so kristoff the billion dollar question why is it that bad money's been locked away in these tax havens it is very clear that for the very rich for the ultra rich who can buy just anything who billionaires that for them taxes are just costs they have their houses apartments real estate all over the globe for them it doesn't matter where they live so for them it matters we don't want to pay taxes and that's why they go anywhere not just to panama and a big difference in tax evasion tax avoidance isn't there what are they doing invent you know these huge investors they are nowadays doing a mix of investments and part of it is highly speculated part of it is in real value economy like car companies graphic risk for example and a part of it is of course in te
the world economy. is now in tax havens people people don't do don't have an easy way to to see how or how how this economy works they should be aware that a lot of rich. companies in and in are some of them which intimately. as a way to minimize taxes so kristoff the billion dollar question why is it that bad money's been locked away in these tax havens it is very clear that for the very rich for the ultra rich who can buy just anything who billionaires that for them taxes are just costs they...
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he'll also attend a summit in south africa of five emerging economies known as brics. brazil, russia, india, china and south africa. >>> russia has turned down an appeal for aid by cyprus leaving banks on the island country in deep financial trouble. cyprus sent its finance minister michael air isous to moscow to seek help from russia. many wealthy companies and people keep their money in russia because of preferential tax treatment. two days of talks ended up without any agreement. bloomberg quotes saris as saying cyprus will continue to gain some kind of assistance from russia. he says there's still possibility to get conditions eased for the loans russia has extended in the past. >>> tensions are rising i >>> representatives from japan and the uk sponsored it. the three members of the commission will look into north korea's network of political prisons. japan's ambassador cited the abduction of korean nationals. >> japan strongly believes that a inquiry to investigate human rights will provide the council with con degree o-- concrete outcomes. >> the north korean am
he'll also attend a summit in south africa of five emerging economies known as brics. brazil, russia, india, china and south africa. >>> russia has turned down an appeal for aid by cyprus leaving banks on the island country in deep financial trouble. cyprus sent its finance minister michael air isous to moscow to seek help from russia. many wealthy companies and people keep their money in russia because of preferential tax treatment. two days of talks ended up without any agreement....
SFGTV2: San Francisco Government Television
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Mar 22, 2013
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we have the most important economies in the world. this building, this facility and this team and this team are a regional asset to the economy. to bring the super bowl here would be a regional effort with regional benefits. we are excited about it and happy to participate and looking forward to our hotels, restaurants, facilities for people who are visiting san francisco and santa clara and other cities around the area. super bowl 50, i don't care, we'll take either one. we have a great team put together to make that happen. it will take a lot of collaboration and we in san jose as well as san francisco and santa clara are committed to making it happen. [ applause ] so i'm daniel to committee chair, thank you mayor lee, he approached me and said we have to shine a light on san francisco and the entire bay area. the next call were to mayor matthews, mayor read, we also have officials from oakland. this is going to take a unified approach. we are up against a very tough competitors and south florida. miami has hosted. they know how to
we have the most important economies in the world. this building, this facility and this team and this team are a regional asset to the economy. to bring the super bowl here would be a regional effort with regional benefits. we are excited about it and happy to participate and looking forward to our hotels, restaurants, facilities for people who are visiting san francisco and santa clara and other cities around the area. super bowl 50, i don't care, we'll take either one. we have a great team...
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inveing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna bour brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and ing it online. attention on site, attention on site. now starting unit nine. some of the world's cleanest gas turbines e now powering some of america's biggest cities. siemens. answers. you are gonna need a wingman. and with my cash back, you are money. forget him. my airline miles will take your game worldwide. what i'm really looking for is -- i got two words for you -- re-wards. ♪ there's got to be better cards than this. [ male announcer ] there's a better way with creditcards.com. comp
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before inveing. with investment information, risks, fees and expenses today is gonna be an important day for us. you ready? we wanna bour brother's keeper. what's number two we...
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Mar 22, 2013
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the economy will grow 8.5% this year and maybe more on the next. while praising beijing, he also highlighted the financial sector and urbanization as key areas for reform. eunice yoon can all caught up with secretary general angel lahoria. their conversation quickly switched to cyprus. >> what's happening in cyprus is not indicative of what's happening in the world, not indicative of what's happening in the euro area. in cyprus, there was a peculiar situation. the government could not rescue the banking system. there should have been losses accrued to the critters of the banks who took risk webs but there was a formula where they tried to sort of keep everybody more or less unhappy, but they created a very bad package which, obviously, is proving untenable. they're not going to have to fix it. >> but how can they fix it? >> well, the eu has given the cypriots up until next monday to come up with an alternative because apparently this package of 6.5% for those below 100,000 and 9.9% to those above is 00,000 was something that was decided by the cypr
the economy will grow 8.5% this year and maybe more on the next. while praising beijing, he also highlighted the financial sector and urbanization as key areas for reform. eunice yoon can all caught up with secretary general angel lahoria. their conversation quickly switched to cyprus. >> what's happening in cyprus is not indicative of what's happening in the world, not indicative of what's happening in the euro area. in cyprus, there was a peculiar situation. the government could not...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . on technology innovation all the latest developments from around russia we've got the future covered. p.t.p. you. see he feels. the team. playing. puck. after a decade of military occupation bombings and sectarian violence in iraq and are now of facing a questionable future one rife with the uncertainty of being provided basic needs infrastructure and personal safety well earlier i spoke with our correspondent was the captain often was on the ground in iraq i first asked her if the recent wave of violence that took place on the anniversary of the u.s. invasion was abnormal or just life as usual for today's iraq here's a response. fortunately abbie in many ways this has become the new normal the situation the violence in the country has gone down tremendously since the peak but low level insurgency continues to plague the country with an average of three hundred people killed in iraq each month now these are human lives tha
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines tune in to conjure reports . on technology innovation all the latest developments from around russia we've got the future covered. p.t.p. you. see he feels. the team. playing. puck. after a decade of military occupation bombings and sectarian violence in iraq and are now of facing a questionable future one rife with the uncertainty of being provided basic needs...
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wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in capital to help you meet your growth objectives. we offer expertise and tailored solutions to small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> this is "bbc world news america." reporting from washington. a mess from the mediterranean. the cypriot parliament scrambles to find billions of dollars and stay in the eurozone. continuing his movies tour, barack obama warns syria could become a haven for extremists when the assad regime falls. ♪ you know i love you -- >> and 50 years ago today the beatles released their first album and with "please, please me" they changed the world of music. >> welcome to our viewers on public television in scommerk also around the globe. we start with the financial crisis in sip russ -- cyprus where time is running out for a deal to save the country from fin
wherever you are today, fidelity's guidance can help fine-tune your personal economy. fidelity investments, turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions in capital to help you meet your growth objectives. we offer expertise and tailored solutions to small businesses and major corporations. what can we do for you? >> and now, "bbc world news america." >> this is "bbc world news...
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agreements of the european union definity brussels remains probably the last solution for the cypriot economy but it's not so easy here as well apart from all the regulations and all the limits that the e.u. has imposed on cyprus it also demands that cyprus must impose the much maligned deposit tax in order to receive the bailout loan there is a certain dissent growing on the island now the head of the parliament saying that the parliament will probably will vote without considering the e.u. regulations and this leads many experts to believe that cyprus may even pull out from the eurozone in the some nearest future because of all these regulations by the european union besides the bailout loan from the european european union as experts say would not solve the economic problems of the island completely that you can see it will still have to find some money elsewhere and that is the biggest question of course where it will find these this money on top of that old brussels has once again reiterated that can even the head of the talks in moscow that it doesn't need the russian capital in order t
agreements of the european union definity brussels remains probably the last solution for the cypriot economy but it's not so easy here as well apart from all the regulations and all the limits that the e.u. has imposed on cyprus it also demands that cyprus must impose the much maligned deposit tax in order to receive the bailout loan there is a certain dissent growing on the island now the head of the parliament saying that the parliament will probably will vote without considering the e.u....
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find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into kinds a report on our. choose your language. week you know if. someone. chooses to use the consensus he can. choose to give pentiums that invigorating to. choose the stories that impact the life choose the access to office. to build a. mission to teach.
find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into kinds a report on our. choose your language. week you know if. someone. chooses to use the consensus he can. choose to give pentiums that invigorating to. choose the stories that impact the life choose the access to office. to build a. mission to teach.
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his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. i. panic and frustration in cyprus the citizens struggle to hold on to their cash and politicians race against time to avoid a default. in syria's main rebel groups and some opposition activists claiming the block is being guided by radicals. and i welcome you watching our tape with me andrew. the chinese wind in russia's economic cycle that is what russian president vladimir putin says he's aiming to do during l'amour landmark talks with his chinese counterpart in moscow xi jinping selected russia for his first trip abroad since the shaming power early this month by saving multi-billion dollar deals the two were also hoping to bolster their common clout in the world's arena as a nation now it expects. pushing two powers together a common goal to shift global balance is forging a tie which means russia and china could soon be unbreakable for a new chinese leader his first stop moscow to something surely washington must notice but is brushing off no they
his first overseas trip as the country's leader with energy deals between two of the world's largest economies the focal point of discussions. i. panic and frustration in cyprus the citizens struggle to hold on to their cash and politicians race against time to avoid a default. in syria's main rebel groups and some opposition activists claiming the block is being guided by radicals. and i welcome you watching our tape with me andrew. the chinese wind in russia's economic cycle that is what...